WATCH THE VIDEO HERE The African crypto scene is well recognized and has attracted lots of investors and founders both local and foreign. Nigeria in West Africa has the highest rate of crypto adoption in the continent and the second highest in the world. Other African countries like Kenya, Ghana, South Africa, and Egypt also have high rates of crypto adoption. There are varieties of crypto products that have been built across the African space. They range from Exchanges, Payment Processors, Wallets, and Crypto-focused Venture Capital funds focused on funding crypto projects in the continent. This range of products serves various niches in the African market and all operate together to make up the African crypto infrastructure. The list of African-owned or based Web3 projects continues to increase as various innovators find ways to use blockchain technology to fix some of the biggest issues on the continent and the rest of the globe. In this article, we will be focusing on a specific niche of products in the African crypto space. We will be looking at the Top 4 Web 3 projects focused on payment in Africa. Some of them are owned by Africans while some are by foreign investors. Rezo Money is leveraging blockchain technologies to connect Africa and its diaspora to global trades through digital currencies. Afropass by Afropolitan is a web application that makes international payments easier. The crypto platform allows users to pay at multiple restaurants and lifestyle events with local currencies and stablecoins. Valr is a South African-based exchange that pivoted into the payments category as well. Apex Pay is an African-focused high-utility app that offers a range of services from Payments to Gift card conversion.
Top 4 crypto platforms focused on payment processing in Africa
